Page 238 - 2018 White Paper on the Business Environment in China
P. 238
8 White Paper on the Business Environment in China

Rapid urbanization and the growth of online retailing Works Cited
in China?? big cities have begun to spur demand for mini
self-storage. While the self-storage concept is familiar to Blanchard, Ben. ??hina Launches New Cruise Ship Tour
many Americans, it?? still relatively novel in China.??e see in South China Sea.?? Reuters. Thomson Reuters, 02 Mar.
a big trend in people starting to use self-storage,??aid Hans 2017. Web. 09 Aug. 2017.
Kang, Chief Investment Officer of InfraRed NF Investment
Advisors. The fund, based in Hong Kong, announced ??hina Bulks up in Cruise-ship Construction.?? The
earlier in May 2017 a US$28 million investment in China Economist. The Economist Newspaper, 29 June 2017.
Mini Storage (CMS), one of the largest mini self-storage Web. 09 Aug. 2017.
operators on the mainland. CMS will use the funds to
expand their storage locations, upgrade IT systems and ??hina Postal Looks More Likely Suitor for Alibaba
increase marketing. Currently, CMS has set up 12 self- than SF Express.?? InfinityCargoExpress. InfinityCargo,
storage facilities in Beijing and Shanghai. The company 2017. Web. 08 Aug. 2017.
has also set up 20 lockers in Beijing, mainly in co-working
spaces. Kang said the fast-growing e-commerce market ??hina to Start Construction on 35 Railway Projects:
has created huge demand for mini storage, especially Report.?? XINHUANET. Xinhua, 19 Feb. 2017. Web. 08
among young, online shop owners who need flexible Aug. 2017.
solutions to manage inventory. A small storeowner saves
money by buying in bulk, but don?? have the floor space ??hinese Cruise Market: Six Million Passengers by
for the entire purchase. They might want to rent a mini- 2024??? Cruise News. Cruise Industry News, 10 Jan. 2017.
storage unit. CMS will soon expand to Shenzhen and Web. 09 Aug. 2017.
Guangzhou. The company expects to have coverage in all
four first-tier cities by the end of 2018 (Zhen). Drescher, Cynthia. ??he World?? Biggest Airport
Terminal Will Officially Open in 2019.?? CNT. Conde Nast
238 Traveler, 12 July 2017. Web. 08 Aug. 2017.

Fenema, NolVan.??hina?? Logistics Market to BeWorld??
Largest by 2020, State Post Bureau.?? CargoForwarder
Global. CargoForwarder Global, 20 Feb. 2017. Web. 08
Aug. 2017.

HKTC. Research. China-Europe Express Trains: On Track
to Access Belt and Road Businesses. HKTC Hong Kong
Means Business. Hong Kong Trade and Development
Council, 1 Nov. 2016. Web. 8 Aug. 2017.

IBISWorld. ??torage & Warehousing in China: Market
Research Report.??torage & Warehousing in China Market
Research. IBISWorld, Mar. 2017. Web. 08 Aug. 2017.

International Air Transport Association (IATA).
Pressroom. IATA Forecasts Passenger Demand to Double
Over 20 Years. Press Release No.: 59. International Air
Transport Association, 20 Oct. 2016. Web.

Jennings, Ralph. ??hina?? Airports Can?? Solve The
Serious Problem Of Flight Delays -- Here?? Why.?? Forbes.
Forbes Magazine, 07 June 2017. Web. 07 Aug. 2017.

Kauffman, Charles. ??ainiao Now Controls Logistics for
81 Percent of Alibaba?? Domestic Orders.??ir Cargo World.
Air Cargo World, 19 May 2017. Web. 07 Aug. 2017.
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